Dogecoin Surges 7% as Elon Musk Hints at DOGE Payments on X

Dogecoin (DOGE) experienced a sudden 7% price surge on July 15, 2025, after Elon Musk dropped a cryptic tweet suggesting that DOGE could soon be used as a payment method on X, the social media platform formerly known as Twitter. The tweet, which simply read “DOGE to do more on X 🐶🚀,” was enough to send the memecoin skyrocketing, as the community interpreted it as a clear hint toward future integration into X’s growing financial ecosystem.

Musk’s influence on Dogecoin remains as potent as ever, with even a few words managing to shift market sentiment rapidly. The billionaire has long been a vocal supporter of DOGE, frequently referencing the coin as the “people’s crypto” and joking about its potential in the global economy. However, this time, the speculation seems to be grounded in actual developments, as X continues building out its in-app payments infrastructure.

Sources familiar with the matter suggest that internal testing of cryptocurrency payments on X is already underway, with Dogecoin being one of the pilot tokens under consideration due to its low transaction fees and strong community engagement. This aligns with Musk’s previous statements about making X into a “super app” that includes social networking, messaging, and seamless financial transactions.

The news has reignited enthusiasm within the DOGE community, with hashtags like #DogecoinToTheMoon and #XPayments trending across crypto Twitter. Trading volumes for Dogecoin also spiked by over 40% in the past 24 hours, indicating growing investor interest and short-term bullish sentiment. Some traders see this momentum as the beginning of a new leg up for the meme coin, especially if a formal announcement follows in the coming weeks.

However, critics remain skeptical, pointing to the lack of concrete timelines or official confirmation from X. Dogecoin has often surged on Musk’s tweets in the past, only to retrace after the hype settles. Still, the market’s reaction suggests that the mere possibility of real-world utility through a platform as massive as X is enough to reignite speculative interest.

Despite the volatility, analysts say that even the potential for partial DOGE integration into a mainstream social network could be a game-changer. If implemented, it would mark one of the most high-profile real-world use cases for a meme-based cryptocurrency. Whether it’s a playful experiment or a serious step toward adoption, Musk’s latest DOGE tease has once again reminded the market of just how powerful a meme—and a tweet—can be.